About IntraSoft Technologies Limited

IntraSoft Technologies Limited is an India-headquartered public company listed on both BSE and NSE, with its registered office in Mumbai and a corporate office in Kolkata. The company presents its Thirtieth Annual Report for the year ended March 31, 2025, marking over three decades of operations in internet-led businesses. As on March 31, 2025, the company and its subsidiaries employed 52 people.

IntraSoft provides a comprehensive, end-to-end marketplace sales solution that enables brands to grow on major US marketplaces. Its platform covers customer experience, inventory management, marketing and advertising, product listing, order management, data analytics, account management, and brand protection. The company’s brand partners—primarily small and medium-sized US businesses—rely on IntraSoft to generate marketplace sales, fulfil orders, and manage consumer engagement, allowing them to focus on core product innovation.

In addition, IntraSoft owns and operates 123stores.com, a multi-channel e-commerce retail platform serving the US market. The platform leverages proprietary technology, a robust supply chain, and strong supplier relationships to offer a wide product range at competitive prices with quick delivery, encouraging repeat purchases and sustained growth.

Geographically, consolidated revenue from operations is derived entirely from the United States, underscoring the company’s focus on North America through its marketplace and retail platform strategy. As on March 31, 2025, the company had three wholly owned subsidiaries, with additional international subsidiaries established over time, including a step-down subsidiary and its subsidiary. Acquisition milestones include May 27, 1999; January 31, 2007; April 12, 2007; October 1, 2014; and September 5, 2015—charting the company’s expansion in the USA and Singapore while strengthening its operational base for US e-commerce.

Business Segments

[Section intentionally omitted as the Annual Report states the Group operates a single business segment and does not disclose percentage revenue by segment or by domestic vs. international.

Key Management

• Arvind Kajaria – Managing Director 
• Sharad Kajaria – Whole-time Director 
• Mohit Kumar Jha – Chief Financial Officer 
• Aakash Kumar Singh – Company Secretary & Compliance Officer 

Latest Updates

• Strategic focus and operating model: The company continued to strengthen its vendor-direct strategy and advance its evolution into a technology-centric platform. It invested in platform enhancements, workforce development, and process improvements to boost operational efficiency and long-term scalability. 
• Cash flow momentum: The company and its subsidiaries reported an Operating Cash Flow of ₹8,260.52 lakh in FY25, a sharp improvement from ₹1,716.17 lakh in the previous year, reflecting better working capital management and disciplined execution. 
• Geographic concentration: Consolidated revenue from operations continued to originate from the United States of America, aligning with the company’s focus on its marketplace and 123stores.com operations in North America. 
• De-risking update: A corporate guarantee earlier extended on behalf of a step-down subsidiary was reduced to ₹Nil as on March 31, 2025, compared to ₹6,750 lakh in the previous year, thereby reducing contingent exposure. 

Governance: K.N. Gutgutia & Co., Chartered Accountants, served as the Statutory Auditors, appointed with effect from June 21, 2024. The annual listing fee was duly paid, and the company’s equity shares remained actively traded on BSE and NSE throughout the year.